08/06/2018

IIM-Ahmedabad’s CIIE backs campus recruitment solution provider Reculta

IIM Ahmedabad’s incubator-cum-investor, Centre for Innovation Incubation and Entrepreneurship (CIIE), invested an undisclosed amount of seed capital in Noida-based placement solutions provider Reculta.
08/06/2018

Pfizer adds USD 600 million to VC arm; 25% to flow into early-stage neuroscience research

Pfizer Inc said on Wednesday it planned to invest USD 600 million in its venture capital fund, a quarter of which would be earmarked for promising research on neuroscience
07/06/2018

Fund of Funds to provide INR 1 lakh crore to startups

PM Narendra Modi Fund of Funds Startup India initiative has committed INR 1,285 crore towards startups since the launch of the INR 10,000-crore fund in January 2016.
07/06/2018

US firm Vora Ventures acquires Indian B2B online marketplace ShakeDeal

US private equity firm Vora Ventures has acquired ShakeDeal, a Bengaluru-based B2B bulk sourcing online marketplace for industrial goods, supplies, and raw materials.
07/06/2018

Indian microfinance lender Annapurna raises around USD 23 million from Oman fund

Annapurna Microfinance Pvt has raised INR 155 crore from Oman India Joint Investment Fund (OIJIF), a private equity fund backed by Oman’s sovereign wealth fund State General Reserve Fund and India’s largest lender State Bank of India.
07/06/2018

Sequoia leads Series B round in social commerce platform Meesho

Bangalore- and California-based Meesho, an online marketplace for resellers, has raised USD 11,500,000 in a Series B round of funding led by Sequoia Capital India,Y Combinator and Venture Highway.
07/06/2018

Property consultant JLL floats USD100 million fund for Asia-Pacific realty-tech startups

JLL Spark, a division of global property consultant Jones Lang LaSalle Inc, has launched JLL Spark Global Venture Fund to invest in tech-focused real estate companies in the Asia-Pacific region.
07/06/2018

Cisco, others invest in software startup Avi Networks’ Series D round

Avi Networks, which provides software for the delivery of enterprise applications in data centres and the cloud, has raised USD 60 million in a Series D round of funding led by Cisco Investments,DAG Ventures, Greylock Partners, Lightspeed Venture Partners and Menlo Ventures.
07/06/2018

Paytm founder, VC investor float USD 150 million environment fund

Paytm founder Vijay Shekhar Sharma and entrepreneur and venture capitalist Shailesh Vickram Singh have launched a USD 150-million environment protection fund to invest in startups, companies and individuals working on the agenda of pollution reduction aligned with the United Nations Sustainable Development Goals.
07/06/2018

Unicorn India Ventures invests in digital radio solutions startup Inntot Technologies

Kerala-based startup Inntot Technologies Pvt Ltd, which offers software solutions for digital radio receivers, has raised an undisclosed amount in a seed round from venture capital firm Unicorn India Ventures.
06/06/2018

Omidyar Network, Sunil Munjal in talks to invest in Metrobikes

Omidyar Network and Hero Group’s Sunil Munjal are in advanced talks to join the funding round of peer-to-peer motor vehicle rental startup Metrobikes.
06/06/2018

London’s founders factory backs Indian AI startup Orbo to help it scale across Europe

Mumbai-based Orbo, a computer vision, and AI imaging startup has received an undisclosed amount of funding from the London-based incubator and accelerator Founders Factory in a Seed round.
06/06/2018

Ascendas-Singbridge ropes in Temasek as investor for India logistics programme

Temasek and Ascendas-Singbridge Group have jointly committed INR 2,000 crore (around USD 300 million) to invest in logistics and industrial real estate in India.
06/06/2018

Unicorn India eyes first close for venture debt fund at nearly USD 30 million

Early-stage venture capital firm Unicorn India Ventures expects to hit the first close of its maiden venture debt fund at INR 200 crore by the end of July.
06/06/2018

Evalueserve ex-COO’s investment firm backs health-tech startup Navia

Health-tech startup Navia Life Care Pvt Ltd has raised a bridge round of USD 100,000 (INR 67 lakh) from existing investor Benori Ventures LLP, which is led by research major Evalueserve’s former chief operating officer Ashish Gupta
06/06/2018

NB Ventures backs home healthcare aggregator Zoctr

Zoctr, a startup that allows users to buy health-related services and home-based wellness packages online, has raised an undisclosed amount in a pre-Series A round of funding from Dubai-based NB Ventures Ltd
05/06/2018

ShareChat close to raising USD 100 million led by Xiaomi

Vernacular social networking app ShareChat is close to raising USD 100 million in a financing round led by Chinese mobile phone manufacturer Xiaomi.
05/06/2018

Nexus Venture Partners raises 70% of USD 450 million target for new fund

Home-grown venture capital firm Nexus Venture Partners has raised 70% of the targeted USD 450 million  for its new fifth fund
05/06/2018

Venture Catalysts invests in budget eyewear retailer ClearDekho

Uttar Pradesh-based online eyewear marketplace ClearDekho has raised INR 2 crore (about USD 300,000) in a pre-Series A investment round from funding and incubation platform Venture Catalysts.
05/06/2018

New and existing investors back logistics-tech startup Locus

Logistics management startup Locus has raised USD 4 million in a pre-Series B round of funding from Rocketship vc, Recruit Strategic Partners, pi Ventures and Hemendra Kothari of DSP Group.
05/06/2018

SRI Capital invests in content platform Sports Flashes

New Delhi-based India Sports Flashes Pvt Ltd, which operates sports content app Sports Flashes, has raised USD 1 million in a pre-Series A funding round from early-stage venture capital fund SRI Capital.
05/06/2018

Early-stage investor Metaform Ventures backs logistics startup Hey Deedee

Hey Deedee, a Mumbai-based startup touted as India’s only all-women last-mile logistics services firm, has raised pre-seed funding of USD 500,000 from early-stage investor Metaform Ventures LLC.
05/06/2018

US firm invests in Bengaluru-based sales analytics startup DigiConnectt

DigiConnectt, an artificial intelligence startup that offers sales analytics and enablement solutions, has raised USD 125,000 in seed funding from US-based transport management solutions company Aspire Logistics LLC.
05/06/2018

Angel investors back crowdfunding platform Crowdera

Crowdera, which runs an online crowdfunding platform, has raised an undisclosed amount from angel investors as part of a pre-Series A funding round.
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